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Short MATIC vs USDT

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Matic is at a major Montly resistance level and it's forming a LH on lower time frames.
We can see that the momentum is slowing down and this could break down soon(not rulling out some scam wicks up before it breaks).
Scaling in shorts here with Stops above last high. If Stops get triggered, will wait for price to get back under $1.55 to pull the trigger again.

Good luck.

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Nota
Moving SL to break-even, took some profits.
Nota
Took some profits. Will watch to coumpound on a bearish retest around $1.30.
Trade fechado: objetivo atingido
Trade done. $1 reached. 11.7R booked. Thanks for playing.
Chart PatternsTechnical IndicatorsmaticmaticshortMATICUSDTTrend Analysis

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